The June quarter of the Australian Infrastructure Metric – produced by Infrastructure Partnerships Australia and BIS Oxford Economics - shows civil construction work won increase compared to the previous quarter, but remain below the long-run average.
The March 2017 quarter saw the Australian Infrastructure Metric headline result fall as a result of the retreat in investment across non-mining sectors with only a slight increase in work won in the mining sector. Total work won in infrastructure continues its fluctuating trend since December 2015, mainly driven by activity in the transport sector as the mining sector remains subdued.
The December 2016 quarter saw civil construction activity strengthen significantly following the subdued performance in the September 2016 quarter, driven by solid transport and utilities work won, as both sectors surged above their respective long-run trends.
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The September quarter saw activity weaken significantly following a strong performance in the previous quarter.
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The June 2016 quarter further evidences the increasing dominance of the non-mining sector in Australia’s civil construction work programme.
The March 2016 quarter saw a collapse in civil construction work won; brought down by record low contract signings across non-mining sectors.
The December 2015 quarter maintained strong levels of civil construction work won; underpinned by strong roads and gas-related investment.
The September 2015 quarter saw strong levels of civil construction work won; underpinned by strong roads and NBN-related investment.